Forums
Talk about anything you want!
Login to get your referral link.
no one’s talking about how rare earth drama between the US and China triggered a crypto and stock market meltdown 🤯📉🔥
why everything gotta tank when world leaders start throwing hands in the global economic arena?! 😵💫 what’s next, crypto market reacts to
this ain’t your regular dip: geopolitics meets finance, rare earth drama causing ripples in stocks and crypto prices 🌍📉
On October 10, U.S. rare earth stocks surged after Trump criticized China for strict export controls and threatened increased tariffs. This move triggered a market sell-off. China imposed tougher export controls on rare earth minerals vital for U.S. tech and defense industries. Trump vowed to counter this, causing a reaction in the stock market. The global cryptocurrency market also plummeted by $125 billion in hours. Stock indices like S&P 500 and Nasdaq experienced significant declines as well. 📉🔥
Markets and crypto are down today. Why these actions are an unusual exception – Fast Company
4
Voices
3
Replies